Exchange-traded fund experts anticipate spot bitcoin ETFs, which debuted this month, to spark a new wave of crypto products.Cboe Global Markets' Catherine Clay believes options are a natural progression for bitcoin ETFs."We believe that the utility of the options, what they provide to the end investor in terms of downside...
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Two important events this week could determine the future of Fed rate policy
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2024. Brendan Mcdermid | ReutersMarkets have become less convinced that the Federal Reserve is ready to press the button on interest rate cuts, an issue that cuts at the heart of where...
American Express CEO says spending is strong, delinquencies are down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022.Stephanie Keith | Bloomberg | Getty ImagesAmerican Express CEO Stephen Squeri on Friday said the credit card company saw "good consumer spending" during the holidays and signs...
House Republicans reintroduce bill to repeal ‘death tax’
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023.Jonathan Ernst | ReutersHouse Republicans this week reintroduced legislation to permanently repeal what they're calling the "death tax" — or federal estate tax, which is levied on...
Why the JetBlue-Spirit antitrust ruling doesn’t spell doom for an Alaska-Hawaiian merger
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesPresident Joe Biden's Justice Department has successfully had two airline linkups halted in court in recent months. That...